Digital Asset Fund Inflows Surge Amid US Political Climate, Coinshares Report Shows

Coinshares’ latest report, led by head of research James Butterfill, shows a substantial increase in digital asset fund inflows. Coinshares Digital Asset Fund Flows Report According to the report, the U.S. saw record inflows, with investor activity reaching levels nearly three times higher than 2021’s peak. Digital asset investment products witnessed a dramatic inflow of … Read more

Bitcoin Technical Analysis: Upward Momentum Stays Strong Across Short and Long-Term Averages

Bitcoin’s price holds at $68,499 today within a 24-hour range of $66,964 to $68,750, with a market cap of $1.35 trillion and trading volume at $24.46 billion. Bitcoin On the 1-hour chart, bitcoin (BTC) has been on a steady climb after breaking free from a consolidation zone near $66,912. This upward movement gained momentum with … Read more

Bitcoin Whale Wallets On The Rise As Market Sentiment Grows

Bitcoin’s whale activity has surged in recent weeks, with wallets holding 100 or more BTC growing by 297, an increase of 1.9%. Meanwhile, smaller wallets—those holding less than 100 BTC—declined by 20,629, down 0.1%. This trend shows that large holders are accumulating, a potential signal of bullish sentiment as whales absorb coins sold by smaller … Read more

Economist Explains Bitcoin’s Untapped Potential for Central Bank Reserves

An economist has argued that bitcoin is a reserve asset similar to gold, noting that some central banks might consider adding it to their reserves. Economist Makes Bold Case: Bitcoin Could Protect Central Banks Like Gold The Bitcoin Policy Institute (BPI), a non-profit think tank, published a paper last week by economist Matthew Ferranti titled … Read more

Standard Chartered: Bitcoin Set to Hit $73K on US Election Day

Standard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if Republicans sweep Congress. Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, published a report last week outlining projected bitcoin price movements based on … Read more

Tether CEO Breaks Down $9.45B in BTC and Gold Reserves, but It’s Only Part of the Picture

At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold. Paolo Ardoino Clarifies Tether’s Asset Reserves Following Forum Presentation This week, tether’s market cap soared past $120 billion, making it about … Read more

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